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Wellstar

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Healthcare technology solutions for Canadian providers

Vancouver, CanadaHealth
Valuation $100–250M Last recorded · 2025
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
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About Wellstar

WELLSTAR Technologies Corp., a majority-owned subsidiary of WELL Health Technologies Corp., is a Canadian provider of healthcare-focused technology solutions. It was formed in December 2024 through the rebranding and reorganization of WELL Health's Provider Solutions Group, with an initial private capital raise of $50.4 million. WELLSTAR operates as a pure-play Software-as-a-Service (SaaS) company, serving over 40,000 healthcare providers across Canada.

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The company's business model focuses on a comprehensive suite of solutions designed to streamline clinical workflows, improve patient care, and reduce administrative burdens for healthcare providers. Its core offerings include Electronic Medical Records (EMR) for primary care and specialists, AI-enabled digital health applications for tasks like patient engagement and charting, and back-office solutions such as automated medical billing and revenue cycle management. WELLSTAR is a prominent provider of eReferrals, eConsults, and online booking in Canada. Revenue is generated through the sale of these technology solutions and services to medical clinics, hospitals, and individual providers.

Led by CEO Amir Javidan, WELLSTAR was spun out from WELL Health to create a distinct, high-growth entity focused solely on healthcare technology. This strategic separation allows investors to directly engage with the technology segment's growth potential. The company has pursued an active acquisition strategy, acquiring complementary businesses like Microquest, an EMR provider, and Bluebird iT, an IT solutions provider for clinics. Following its initial funding, WELLSTAR secured an additional $62 million in a Series B round in October 2025 and has stated plans for a potential public offering on the Toronto Stock Exchange.

Source: Dealroom company data

At a glance

Status
Operational
Headquarters
Vancouver, Canada
Employees
44
Open positions
None listed
Dealroom signal
0.0/100
Industry
Health
Sector
Health
Business model
SaaS
Client focus
b2c

Latest news

Press, funding announcements and product moves mentioning Wellstar.

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Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
CORPORATE SPINOUTOther financing Jul 2026 $37M TD Securities · Stifel Nicolaus Canada · RBC Capital Markets
SERIES BOther financing Oct 2025 $45M $182M PICTON Investments · Mawer Investment Management · Edgepoint Wealth Management
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Growth signals

Wellstar website traffic

Latest recorded traffic for Wellstar is 9.6K monthly website visits, down 31.4% over the last three months. Wellstar's team grew 175% over the past year.

Latest monthly visits9.6K 3-month web change-31.4% 1-year team growth+175%
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Showing 8 of the closest matchesCompare every metric →

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

  • Mawer Investment Management
  • Edgepoint Wealth Management
  • PICTON Investments

Series B and later3 investors entered at this stage

  • TD Securities
  • Stifel Nicolaus Canada
  • RBC Capital Markets
Team profiled 1 named & role-tagged
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Potential founders Hidden — book a demo likely future founders
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Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇦 Canada · Vancouver HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Wellstar on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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